BILLY SERVICES
InactiveFinancials · financial year 2023, micro format
Equity
-€15,889▼ 83.7%
2022 · -€8,652
Total assets
€56,633▲ 67.1%
2022 · €33,891
Net result
-€7,237▲ 40.0%
2022 · -€12,055
Working capital
-€17,172▼ 41.7%
2022 · -€12,118
Trend over the years
2021 to 2023, 3 financial years
The operating result stays negative: a loss of €7,164 in 2023 against €12,683 in 2022; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€7,164
2023
Net result-€7,237
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€56,633
2023
Equity-€15,889
2023
Debt€72,522
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€17,172
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202120222023
Operating result-€341--€12,683▼ 3,615%-€7,164▲ 43.5%
Net result-€597--€12,055▼ 1,919%-€7,237▲ 40.0%
Equity€3,403--€8,652-€15,889▼ 83.7%
Total assets€26,588-€33,891▲ 27.5%€56,633▲ 67.1%
Debt€23,185-€42,543▲ 83.5%€72,522▲ 70.5%
Working capital€1,284--€12,118-€17,172▼ 41.7%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €56,633
Fixed assets
€1,283 ▼ 63.0%
Current assets
€55,350 ▲ 81.9%
Equity and liabilities
Equity-€15,889
Debt€72,522
Equity is negative: debt (€72,522) exceeds the balance-sheet total (€56,633).
Key figures and ratios
EBITDA
-€4,980▲
2022 · -€11,912
Cash flow
-€5,054▲
2022 · -€11,284
Solvency
-28.1%▼
2022 · -25.5%
Current ratio
0.76▲
2022 · 0.72
ROA
-12.8%▲
2022 · -35.6%
Interest coverage
-67.71▼
2022 · 87.73
Debt ≤ 1 year
€72,522▲
2022 · €42,543
Staff costs
€525▼
2022 · €46,080
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2,872 | - |
| Remuneration, social security and pensions62 | €18,861 | €46,080 | €525 | ▼ 98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €194 | €771 | €2,184 | ▲ 183% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €2,566 | - |
| Other operating charges640/8 | €100 | €597 | €4,008 | ▲ 572% |
| Gross operating margin9900 | €18,814 | €34,765 | €2,120 | ▼ 93.9% |
| Operating profit (loss)9901 | -€341 | -€12,683 | -€7,164 | ▲ 43.5% |
| Financial income75/76B | - | €492 | €0 | ▼ 100% |
| Recurring financial income75 | - | €492 | €0 | ▼ 100% |
| Financial charges65/66B | €256 | -€136 | €74 | - |
| Recurring financial charges65 | €256 | -€136 | €74 | - |
| Profit (loss) for the period before taxes9903 | -€597 | -€12,055 | -€7,237 | ▲ 40.0% |
| Profit (loss) for the period9904 | -€597 | -€12,055 | -€7,237 | ▲ 40.0% |
| Profit (loss) for the period to be appropriated9905 | -€597 | -€12,055 | -€7,237 | ▲ 40.0% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €26,588 | €33,891 | €56,633 | ▲ 67.1% |
| Fixed assets21/28 | €2,119 | €3,467 | €1,283 | ▼ 63.0% |
| Tangible fixed assets22/27 | €2,119 | €3,467 | €1,283 | ▼ 63.0% |
| Plant, machinery and equipment23 | €2,119 | €3,467 | €1,283 | ▼ 63.0% |
| Current assets29/58 | €24,469 | €30,425 | €55,350 | ▲ 81.9% |
| Amounts receivable within one year40/41 | €9,524 | €26,684 | €36,977 | ▲ 38.6% |
| Trade receivables40 | €8,294 | €11,145 | €35,580 | ▲ 219% |
| Other amounts receivable41 | €1,230 | €15,539 | €1,397 | ▼ 91.0% |
| Cash at bank and in hand54/58 | €14,945 | €2,686 | €18,373 | ▲ 584% |
| Deferred charges and accrued income490/1 | - | €1,055 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €26,588 | €33,891 | €56,633 | ▲ 67.1% |
| Equity10/15 | €3,403 | -€8,652 | -€15,889 | ▼ 83.7% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | -€597 | -€12,652 | -€19,889 | ▼ 57.2% |
| Amounts payable17/49 | €23,185 | €42,543 | €72,522 | ▲ 70.5% |
| Amounts payable within one year42/48 | €23,185 | €42,543 | €72,522 | ▲ 70.5% |
| Financial debts43 | - | - | €75 | - |
| Credit institutions430/8 | - | - | €75 | - |
| Trade debts44 | €20,872 | €36,290 | €72,245 | ▲ 99.1% |
| Suppliers440/4 | €20,872 | €36,290 | €72,245 | ▲ 99.1% |
| Taxes, remuneration and social security45 | €2,313 | €6,253 | €202 | ▼ 96.8% |
| Taxes450/3 | - | - | €202 | - |
| Remuneration and social security454/9 | €2,313 | €6,253 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€597 | -€12,055 | -€7,237 | ▲ 40.0% |
| + Depreciation and write-downs630 | €194 | €771 | €2,184 | ▲ 183% |
| Operating cash flow (approximation) | -€403 | -€11,284 | -€5,054 | ▲ 55.2% |
| Investment in fixed assets (approximation) | - | -€2,119 | €0 | - |
| Change in cash | - | -€12,259 | €15,687 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 13-06-2024 | 2024-00130227 |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00305134 |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20249393 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.